
| The Grand River Roofing Company |
| The Investment Value |
| Question: What will my "return on investment" be when I purchase a new roof system? According to Popular Mechanics May 1999 issue, "...expect to recoup as much as 75% of the cost of your new roof system in market value as soon as it's installed." What does this really mean? Let's take a look! Example: The owner of a $100,000 home is considering purchasing a new roof system at the national average cost of $9,866. Fact: Property values have increased at an average of 6% per year nationally since the Great Depression (1998 Census Bureau Housing and Household Statistics Division). According to the Chicago Sun Times, West Michigan property values have increased by 14% annually, but in our example we'll use a modest rate of only 6%. |
| Homeowner Does Nothing $100,000 home value increasing 6% annually, but roof is deteriorating. 1st Year - $106,000 2nd Year - $112,360 3rd Year - $119,102 4th Year - $126,248 5th Year - $133,823 |
| Homeowner Purchases Roof $100,000 home value + $7,400 (75% x 9,866) $107,400 market value 1st Year - $113,844 2nd Year - $120,675 3rd Year - $127,915 4th Year - $135,590 5th Year - $143,726 |
| As you can see, the roof pays for itself in 5 years! |
| 6th Year - $141,852 7th Year - $150,364 8th Year - $159,385 9th Year - $169,948 10th Year - $179,085 |
| 6th Year - $152,350 7th Year - $161,491 8th Year - $171,189 9th Year - $181,451 10th Year - $192,338 |
| " $100 WILL BUY THIS CAR. MUST HAVE CASH. LOST ALL IN THE STOCK MARKET " |